FY14 Financial Review

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Post by mr-r34 Tue Mar 03, 2015 6:10 am

FY14 Financial Review 1356731076_tumblr_m7zwncBYn41qalk92


http://www.liverpoolecho.co.uk/sport/football/football-news/liverpool-accounts-show-club-back-8752942?fas


So some more good news we made cash money last year, not including European money and the Suarez transfer.
KEY HIGHLIGHTS AT A GLANCE

-LFC revenue increased by 19% to £255.6m
-Media revenue increased by 46% to £100.9 million
-Commercial revenue increased by 5% to £103.8m
-Profit before tax was £0.9 million compared to a 2013 loss of £49.8m
-LFC moved up three places to 9th in Deloitte’s Money League
-Net debt increased by £12.2m to £57.3m but overall debt has decreased from £237m when FSG took over in 2010



Full accounts embedded in link.


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Post by Helmer Tue Mar 03, 2015 6:29 am

I think media revenue and commercial revenue have always more potential to grow. Well i guess media Revenue is not where we can do a lot. But commercial and LFC Revenue is where probably we can keep pushing imo

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Post by Art Morte Tue Mar 03, 2015 10:27 am

It's great news, we were already investigated by UEFA in connection to the FFP, but cleared, this financial result should mean we've got nothing to worry about from UEFA next year, either. Moreover, FSG look like "serious" investors who don't want to be losing money for nothing, so it gives me a bit of a secure feeling to know that they don't have to, at least for now, be covering those 40m-50m losses like in the past few years, so they won't walk away from the Liverpool project.
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Post by Curtinho Tue Mar 03, 2015 11:08 am

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Post by iftikhar Tue Mar 03, 2015 12:25 pm

As it was mentioned this report (May 2014) don't contain the revenue from Suarez sale and CL-kitty. So the next account (May 2015) should be more healthy.

And yes, we should push hard to improve the share of Commercial revenue.
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